APAC CMI Manager

Business Area/Dept Overview

CIB ITO Chief Conduct and Control (CIB ITO CCCO) was created in 2019 to take over the permanent control framework responsibility covering all non-financial risks through ITO first line of defense in close collaboration with OPC Métiers and the second line of defense. CIB ITO CCCO endorses ITO challenges of security, stability and quality in particular through Cybersecurity, Data, Operational Resilience and Operational Risk Management Framework programs (IT, non-IT, Regulatory Reporting).

At CIB ITO, data is a strategic asset at the heart of the business operational activities. An increasing regulatory framework requires high quality standards, deep understanding of the business workflows, robust audit trails and advanced data infrastructures.

Job Purpose

At CIB ITO, data is a strategic asset at the heart of the business operational activities. An increasing regulatory framework requires high quality standards, deep understanding of the business workflows, robust audit trails and advanced data infrastructures.

Part of ITO CCCO, Capital Market Initiatives (CMI) organizes transaction regulatory reporting and address its inherent risks as part of its first line of defense role.

In Asia Pacific (APAC), CMI oversights as well the Regulatory Reporting Governance across Business Lines and Functions (referential, controls, APAC Management report)

The team is at crossroads between regulations and trade processing, and work on daily basis with business, IT, Ops and Compliance all at the same time.

Transaction regulatory reporting scope includes trade transparency, trade repository, money markets reports and transaction reporting.

The Regulatory Reporting Manager APAC Pillar Head of Capital Market Initiatives (CMI) is having a specific detailed attention to Securities regulatory reporting.

It includes but is not limited to,

• OTCD
• OTCR
• SPR
• LOPR
• Regulatory Reporting

There are 2 mandates in the role:

1. Front-run the regulatory reporting team, providing hands-on experiences and expertise.
2. Intervene in autonomy in various situations, related to the good organization of the transaction regulatory reporting (including deep dives, incident read across).

All responsibilities are extended across APAC.

The candidate will follow the team organizations of work, procedures and support other members of the team less experienced in their areas of expertise.

Additional details:

• Deploy the strategy of CMI/management and commit to its objectives
• Tracking progress of the team and reports accordingly
• Being able to influence others in ITO and Business and Functions
• Represents CMI in various forums and committees.
• Responsible for team governance and steering committee

Core accountabilities of role

• Participate to market groups with peers (eg, ISACA…) and run continuous follow-up on market best practices
• Interpret and transcribe regulations into Business Requirements Definitions (BRD) tailored to business workflows and data models including their respective descriptions.
• Continuous improvements by categorising and documenting the diverse reporting schemas, improve their data quality, allowing audit trail, rapid interpretations, and better frame of work.
• Records all events in management and audit tools according to their materiality
• Manage regulators requests end-to-end. This includes:

1. Perform the analysis of the requests
2. liaise with business IT and/or Ops experts
3. draft detailed and quantified responses to the regulators with oversight from Compliance
4. Organise an action plan when required and coordinate it through delivery. The action plan can contain the follow-up of enhancement in the IT Regulatory reporting layer or through the broader IT Architecture, may be related to Operational processes and controls and may contain resubmission events.

• Prepare material and interface with regulators on topics of transaction reporting in ad-hoc basis and quarterly, with the support of each CCCO from Business Lines or Functions
• Act as an escalation point for internal issues. This includes:

1. Help the teams with the analysis of issues would it require a deeper expertise
2. If considered material, coordinate and deliver an appropriate action plan as per above.

• Review the IT BoW priority and scope with a transversal angle
• Act as an expert in Regulatory Reporting and provide guidance and help whenever requested to all GM partners (New business developments, prod incidents, projects, TAC/NAC etc….)
• Actively participate in the delivery of major or complex regulatory reporting project by:

1. Leading interpretation and document it as per above
2. Act as “Stream Leader” when requested and coordinate delivery/action plan as per above

• Contribute to official internal committee preparation for its scope of responsibility (eg, APAC ICC, APAC Regulatory Reporting steer co, local governance when relevant)

Knowledge, Skill and Experience

• Experience in leading teams
• Experience in regulatory interpretations
• Experience within the financial services industry, both on business processes and regulatory environments.
• Strong experience in project management and coordinating people across a wide organization spreading over multiple locations
• Clear and concise written and oral communication skills
• Attention to details

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•    BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

BNP Paribas – Diversity & Inclusion Journey

BNP Paribas – The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year